Date: 22nd September 2026
Regulatory Compliance Update
Apollo Micro Systems Limited has submitted a clarification to BSE and NSE regarding observations received from NSE (Letter No. NSE/LIST/56336) on the Notice of Extra-Ordinary General Meeting related to a proposed preferential issue. The company has incorporated requisite clarifications/corrections in the relevant disclosures as per SEBI Listing Regulations.
Preferential Issue Details
The proposed preferential issue involves:
- 2,28,30,902 Equity Shares
- 5,69,15,380 Equity Warrants
Shareholding Pattern Changes (Annexure-1)
The detailed pre and post-issue shareholding pattern for 113 allottees is provided:
Promoter Group Allottees:
- Chanakya Reddy Baddam (Promoter Group): Pre-holding 84,00,600 shares (2.261%), allotted 1,30,50,000 equity shares, post-holding 2,14,50,600 shares (4.809%)
- Kanishka Reddy Baddam (Promoter Group): Pre-holding 84,00,600 shares (2.261%), allotted 1,30,50,000 equity shares, post-holding 2,14,50,600 shares (4.809%)
Major Non-Promoter Institutional Allottees:
- Nautilus Private Capital LTD: Allotted 25,00,000 equity shares + 25,00,000 warrants, post-holding 50,00,000 shares (1.121%)
- Maestro Emerging Fund PCC - Value Investing: Allotted 25,00,000 equity shares + 25,00,000 warrants, post-holding 50,00,000 shares (1.121%)
- Robust Knights Fund PCC - Cell 1: Allotted 25,00,000 equity shares + 25,00,000 warrants, post-holding 50,00,000 shares (1.121%)
- M7 Global Fund PCC - Cell Dewcap Fund: Allotted 25,00,000 equity shares + 25,00,000 warrants, post-holding 50,00,000 shares (1.121%)
- Cullinan Opprts Fund VCC: Allotted 25,00,000 equity shares + 45,00,000 warrants, post-holding 70,00,000 shares (1.569%)
- Tata Business Cycle Fund: Allotted 12,00,000 equity shares, post-holding 12,00,000 shares (0.269%)
- Opal Global Diversified Fund Limited: Allotted 1,20,00,000 warrants, post-holding 1,20,00,000 shares (2.690%)
Other Significant Allottees:
The annexure includes 104 additional non-promoter allottees comprising individuals, funds, and corporate entities with allotments ranging from 476 shares to 25,00,000 shares/warrants, with post-issue holdings from 0.000% to 2.690%.
Document Context
This is a regulatory compliance filing addressing NSE's observations on the EGM notice for the preferential issue. The company has provided the required clarifications and detailed shareholding pattern changes for regulatory approval.